Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Ok, who out there believes that that the MM's are somewhat less than straightforward & honest in their dealings? If you do then recommend this post let's drive home our disgust at their tactics.
It is what it is Knuttie, and it's not as if BMN is being singled out - the behaviour is standard practice. They can buy/sell at whatever price they choose - no one is forced to do either, but I believe delaying the trades and similar dirty tricks should not be allowed.
But what can we do? The rules won't be changed at our behest.
No sooner had I posted than the both the bid & ask are increased by a full half penny?
AIM has been referred to as 'a casino' and 'a cesspit' with good reason, and the behaviour that we've seen these last few weeks of the MMs constantly and deliberately suppressing the sp just goes to show how skewed the rules are in their favour, and also how they're happy, indeed keen, to ruthlessly use them to their own advantage.
I wonder how many fledgling companies they've destroyed over the years. They came close with BMN a couple of years back, relentlessly shorting us down to 1.2p at one point; thankfully there were posters on this board, including Corbine who were able to convince us shareholders on this board of the undeniable merits here and as a result, steadied the ship.
However, the other thing that helped us through that period was the news that our own broker at the time, Beaufort, was being investigated for shorting their own clients. Just how low can you get...
Tyfoon - indeed it is a shocking state of affairs that few in power have any interest in sorting out.
This only leaves 'people power' to expose what is really going on to the buying public. A public that is informed is one that can start to right some of the wrongs that have been allowed to grow up in this walled garden.
I shall make it my business to make sure that this board and the Bushveld Perspective are relentless in exposing this market to the light.
Spot on Alfa, good for you mate!
Before anyone asks for it, here it is
https://www.thebushveldperspective.com/trading-analysis-22nd-oct-2018
Anyone got the number for First Island ?
just for your info Alfa, the 2 50k trades at 11.13 and 11.17 were mine and both were buys, whereas one is shown as a sell.
Now that would be an idea! Send first island a shed load of research and information on BMN and how much more they can get for their shares if they just held for a few more months.
Yachty, alas I suspect that they do not have a well publicised handle on Twitter
A delayed buy of 205k shares at 28.9p from 11.09am. Gobble gobble gobble.
Alpha...
Could this be the number you seek?. :~))
https://www.africanadvice.com/1151760/Companies_And_Businesses/Mauritius/First_Island_Trust_Company_Ltd/
Yep that's the same people that were referred to in the 1st Oct RNS - I suspect it is just a nameplate though.
Alfa first island tel :- 0012503885441
first@firstisland.com
Jamiejojo - I am afraid that is not them - the First Island in this situation is a trust set up in Mauritius.
It looks like they are simply having to take the shares back above their 28.3p average. Which means that in order to recoup losses on their short they will have to raise the sp to sell on at higher prices.
Just for the record and for the avoidance of doubt I am not going to be contacting First Island should their correct contact details become available, lest anyone for a minute think that I might be accused of any sort of manipulative behaviour.
If others wish to bring the information that is publicly available on the Bushveld Perspective to the attention of anyone else then that is entirely up to them.
I only present the facts as clearly as I can together with my opinion of what is going on, derived from analysis of publicly available information. I have never worked in the city, have no contacts in the city and am happy to keep it that way - all this analysis is based upon what has been worked out from my own research over the last 5 years.
Might be a bit harder to find
42 recommends so far tells it's own story, they are clearly regarded even lower than bankers! It doesn't stop them though, they are desperate not to raise the bid. The increases have been squeezed out like blood from a stone 28.425, 28.5, 28.65, 28.8, 28,815, 28.82, 28.85 & they ain't getting anywhere close to what they want. Tough titty.
HI Alfa, I sent you a PM just re TBP website.
Cheers NB
my original post now has 49 recommends, you Mm's should be ashamed of yourselves. I pointed out the slow upward movement of the bid in a later post & the Mm's collected a few shares 7 took it back down rapidly. 28.8185, 28.655. Since that with a lack of sells they are agonisingly putting it up again but it is like drawing teeth 28.665, 28.667, 28.668, 28.7 where it appears to have ground to a halt
LO & behold I post that & thy up the bid to 28.75. What idiots
It’s going to do this for the next month till the xx million overhang is gone.
Chish, and so what exactly is xx ?